Summary - 100, MORTIMER STREET CT6 5EB
1 bed 1 bath Shop
**Standout Features:**
- Prime location on Mortimer Street, Herne Bay
- Spacious ground floor retail area (581 sq ft)
- Large shop frontage with expansive display windows
- Currently leased with an annual rent of £10,000
- Potential for development and investment opportunities
**Concerns:**
- Property located in a very high-crime area
- Surrounding area classified as very deprived
**Summary:**
Discover this exceptional commercial property located in the bustling heart of Herne Bay on Mortimer Street, surrounded by popular local businesses like Boots and Cancer Research. This early 20th-century shop offers a generous 581 sq ft of ground floor space, featuring a prominent shopfront that provides great visibility and foot traffic. It is currently let to a tenant on a 6-year lease, generating a stable annual income of £10,000, with negotiations already underway for a new lease.
While the area faces economic challenges, this property presents a fantastic investment opportunity with excellent rental potential. Its prime location and development possibilities stand out, especially for savvy investors looking to capitalize on the growing demand for commercial space. With nearby amenities including schools rated 'Good' by Ofsted and a vibrant community atmosphere, this property is ideally situated to attract steady footfall and business growth. Don’t miss out on this promising opportunity to secure a central retail space!
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